When funds register securities, they have to specify how many shares they plan to create. But what if they don’t have a specific number to sell? What if they want to keep the fund open-ended, so investors can purchase new shares over time? After the initial registration statement, open-ended funds need a way to acknowledge and pay fees for shares they sell in subsequent years. They can achieve this goal by filing SEC Form 24f-2.

The process for managing the shares owned by a company or fund is complicated, calling for a trained and registered professional to handle the work. The financial experts who handle these issues are known as transfer agents. In order to become a transfer agent, organizations must apply to the SEC (or their primary banking regulator) using Form TA-1. This form provides the necessary information for the regulator to process the registration and place the organization on record as a transfer agent. 

A hostile takeover is one of the most dramatic events in corporate takeovers, often capturing headlines and shaking investor confidence. So, what is a hostile takeover, and how does it differ from a friendly acquisition?

A hostile takeover occurs when an acquiring company seeks to gain control of a target company despite opposition from the target company’s management and board of directors. Instead of negotiating with leadership, the acquirer appeals directly to shareholders, often through tender offers or proxy fights.

Corporate consolidation is the process by which two or more companies combine to form a single, unified entity. Unlike simple acquisitions where one company absorbs another, corporate consolidation typically implies a more integrated, strategic merger of equals. This process can result in a new company or the absorption of entities into one pre-existing corporation, depending on the structure.

Comprehensive resource helps companies elevate proxy design, disclosure strategy, and compliance in a rapidly evolving governance landscape

Among the many forms that a foreign private issuer has to file with the Securities and Exchange Commission, or SEC, is Form F-1. Discover the key components of the SEC Form F-1, the reasons for this form and tips on how to file. 

Artificial intelligence and AI tools are revolutionizing industries, including the financial industry. Every day, it seems as if a new AI tool is announced that promises to streamline and simplify workflows, so business can move at a faster pace. While technologies are still in development, there are clear benefits to using AI in the finance industry. Organizations that understand the power of AI for financial reporting, including the outlook for the future, can identify and implement the right solutions.

Financial professionals are continuously navigating a rapidly evolving compliance landscape, with few regulations reshaping the industry as significantly as SEC Regulation Best Interest (Reg BI). This regulatory framework changes how broker-dealers interact with retail clients, redefining what it means to act in the client’s best interest and raising expectations for transparency, diligence, and ethical conduct.

Your company's statutory reporting obligations don't end with the SEC — operating in the global marketplace means also being aware of any other compliance measures you need to take across borders. Regulatory reporting changes on an annual basis as new rules are passed and others are repealed. Learn about the latest statutory reporting requirements and compliance issues impacting CFOs and other financial professionals.

What Is Statutory Reporting?

What is statutory reporting and why is it so important?

DFIN is filing now using EDGAR Next security protocols, offering easy self-service enrollment and full-service administration to ensure uninterrupted filing access